XML 78 R45.htm IDEA: XBRL DOCUMENT

FORECLOSED REAL ESTATE AND REPOSSESSED ASSETS (Tables)

12 Months Ended

Sep. 30, 2020

Real Estate [Abstract]

Schedule of Foreclosed Real Estate and Repossessed Assets

The following table provides an analysis of changes in foreclosed real estate and repossessed assets:


			Fiscal Year Ended September 30,
(Dollars in Thousands)			2020						2019
Balance, beginning of period			$	29,494					$	31,638
Additions			9,983						190
Reductions:
Write-downs			568						432
Net proceeds from sale			23,992						1,917
Gain (loss) on sale			(4,960)						15
Total reductions			29,520						2,334
Balance, ending of period			$	9,957					$	29,494

Schedule of Other Real Estate

The following table is a summary of the sale transaction, as reflected in the Company's financial statements:


			September 30, 2020
(Dollars in Thousands)
Purchase price			$	23,083
Carrying value of OREO			28,122
Loss on sale			(5,039)
Deferred income recognized			1,096
Net impact			$	(3,943)